business-finance-question-47

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On April 20, 2010, there was an explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. Review a history of those events from the following sources:

In your initial post, respond to the following questions:

  • Did BP respond in a manner that was appropriate to stockholders or did they take a stakeholder view? In making your determination, what were the primary factors that you considered? Provide specific examples, where applicable.
  • If you were the CEO of BP at that time, what would you have done in the hours, days, and weeks after the explosion?

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